Kia has Greenfield status for next 5 years. 0% duty on machinery they imported. For next five years no income tax no sales tax. Whereas suzuki pay 2-3 lakh tax on each tiny puny alto as per the invoice.
It will be a real, real shame if they price picanto above 1.5 mil. Although its a 1000cc but still with all the benefits they have under greenfield status they can easily price its at 1.5 because its an obsolete model so CKD price is not thay much.